A few days ago I noted that India has suggested it might go along with the UN’s climate nonsense—if the developed world will cough up $2.4 trillion in foreign aid. (Previously the climate community had spoken of aid in the range of $200—$300 billion for all of the developing world.)
Well, the first draft of a prospective climate treaty agreement was released earlier this week, and there’s nothing specific in it right now about climate aid. And India is not impressed. From the Times of India:
NEW DELHI: India on Wednesday expressed disappointment over the first draft text of the Paris climate change agreement, which was presented to the governments two days ago, and said the country would oppose it during the next round of negotiations at Bonn.
In his first reaction to the draft text that completely ignores the crucial issue of ‘equity’ and transparency of action, environment and climate change minister Prakash Javadekar said, “I would like to underline that the first draft text of the Paris agreement is quite disappointing. It does not inspire.”
(Emphasis added, because “crucial issue of ‘equity’” means where’s the cash?)
But to continue:
It is learnt that besides its strong objection to an apparent attempt by the co-chairs to dilute the element of ‘equity’, India is also not happy with the review of greenhouse gas emission every five years. India has consistently been demanding that the Paris agreement must be equitable so that it can deliver justice.
So, to sum up: India wants a lot of money, and no accountability. And why not? Sounds like standard UN procedure to me. My guess is this is India’s way of scuttling any climate agreement, just like that last several grand climate summits. And for that we should thank India.